95 London Road, Newcastle-under-Lyme, ST5 1NB, United Kingdom
6Bed:
6Bath:
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Price
£ 370,000
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6
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About This
Townhouse
The Asset Brokers are delighted to present this fantastic HMO opportunity to the market. Located in a prime position in Newcastle Under Lyme. Generating a gross income of £43,000 PAand a gross yield of 11.62%. The property was developed in 2021 to a very high standard by local and reputable developers and has had excellent occupancy since. Benefitting from 5 x studio rooms with en suites and kitchenettes, 1 further en suite room and a modern kitchen/diner. The location of the property is a prime selling point due to being only 0.3 miles walk from The Royal Stoke Hospital and this is why the property has always performed very well with NHS tenants. The property is currently well managed by a local managing agent, meaning a perfect hands off investment. Full financials available on request - New EPC to follow.
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